Veeva Systems lifted quarterly Revenue to $927.963 million from $789.081 million in the comparable three-month period, while Net Income reached $273.429 million. Investors also have reported basic Earnings of $1.68 per share, diluted earnings of $1.66 and $1,812.012 million in cash and cash equivalents to assess alongside the results.

Key Highlights

  • Net income reached $273.429 million, compared with $200.309 million in the comparable quarter.
  • Subscription revenue totaled $766.764 million, led by $419.375 million from R&D and Quality Solutions.
  • Cash and cash equivalents stood at $1,812.012 million at July 31, 2026.

Veeva Systems Inc. (NYSE: VEEV) reported quarterly revenue of $927.963 million for the three months ended July 31, 2026, up from $789.081 million in the comparable period. Net income was $273.429 million, while basic earnings were $1.68 per share and diluted earnings were $1.66. The results cover the three months ended July 31, 2026, compared with the three months ended July 31, 2025.

R&D and Quality Solutions generated $419.375 million in subscription revenue, up from $351.660 million. Commercial Solutions subscription revenue was $347.389 million, compared with $307.523 million.

Professional services and other revenue from R&D and Quality Solutions totaled $101.457 million, while Commercial Solutions contributed $59.742 million. The company reported $927.963 million in total revenue across the two product areas.

Reported Profit And Per-Share Results

Veeva recorded Operating Income of $275.018 million, compared with $195.908 million in the comparable quarter. Other income, net, was $74.512 million, while income before income taxes reached $349.530 million.

The income tax provision was $76.101 million.

Basic weighted-average shares used to calculate Earnings Per Share were 162,344,000, while diluted weighted-average shares were 165,057,000. Basic Earnings Per Share were $1.68, and Diluted Earnings per Share were $1.66.

Cash And Current Assets

Cash and cash equivalents were $1,812.012 million at July 31, 2026. Short-term investments stood at $5,430.935 million, and total current Assets were $7,946.227 million.

Total assets reached $9,060.223 million. Accounts receivable, net of the allowance for Credit losses, was $496.677 million, while unbilled Accounts Receivable was $68.970 million.

The company reported $1,455.950 million in total current liabilities. Deferred revenue was $1,310.498 million, and Accounts Payable was $35.977 million.

As of August 25, 2026, Veeva had 161,908,850 shares of Class A common stock outstanding. Subscription revenue was $766.764 million for the quarter.

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Source(s)

  • https://www.sec.gov/Archives/edgar/data/1393052/000139305226000036/veev-20260731.htm